The Korean Edenchain project is indeed a great blockchain-based system which lets all values out there to be capitalized as well as traded, more commonly referred to as Eden this organization operates on what is called a programmable economic platform technology. This platform will allow exchanging all kinds of assets using smart contracts to exchange freely and of course without the intervention of an intermediary.
The Edenchain Ico Useful information:
• Token symbol: EDN
• Hard Cap Project: $ 24 Million
• Valuation of the token: 1 Ethereum = 0.06 USD
• Total availability of tokens: 1 billion tokens
Tokens distribution: 40% for the public sale, 15% for the strategic partners, 13% for the Edenchain Ico founders and shareholders, 12% for the accelerator program, 10% for the foundation, 5% for the bounty program and marketing, 5% for the project team and advisors
Use of the funds raised: 50% for the technology, 10% for the community, 10% for the legal aspect, 10% for the security, 10% for the operations, 10% for the marketing
Eden believes that with its programmable economy technology, transaction costs can be lowered; benefits shared among community members and can lead to the creation of a new market through the capitalization of national assets and International.
Product Presentation Edenchain Ico
Evenchain seeks to be the first global platform and build a highly secure blockchain, with reduced processing fees. It can be used in a wide range of applications and industries: launching a platform dedicated to ICO for start-ups in all sectors such as information technology, B2B, and services P2P finance. This project is based on Solidity which is the most popular smart contract language currently.
Edenchain Ico can execute a large number of transactions at very high speed; the namespace technology separates the independent transactions from each other and allows, therefore, treating the actions at the same time without difficulty.
In theory, this popular Edenchain can handle a countless number or amount of TPS simply because the Edenchain ico has no boundary for simultaneous transactions, each namespace runs in 1000tps. With its innovative solution, E-Bridge will allow data from many data sources to be recovered, encrypted and secured to never be compromised (median vote theorem - MVT).
Edenchain Uses Both A Hardware And Software Solution To Achieve An Effective Consensus
First, Eden uses PoET (proof of elapsed time) designed and marketed by Intel. It works like PoW (Proof of Work) but requires much less power (automatic and random selection to solve the next block). Intel also intervenes to guarantee the integrity of the process by the Software Guard Extension (SGW). The other part of the consensus is the MVT (median vote theorem) for continuous type data powered by E-Oracle servers.
Also, the Edenchain Ico product as well has a unique triple architecture: the concept consists of the base, validation (virtual machine) and off-line communication.
Presentation Of Influential Actors:
JAMES AHN - Ceo And Founder
James has a Masters in Software from the University of Korea with 20 years of experience in the field of computer science. He has functioned as a CTO at the well-known CyberRenassance Inc out there. (Japan) and again, later as a great envoy of MHR as well as DeepNumbers! He has actually been an advisor to the stunning NIA Platform, a real technical consultant to the popular National Computing and Information solution and also a cloud advisor to Korea's Technology and Standards Agency.
He has written four books and several articles on machine learning and finance and has made presentations at several technology development conferences.
KIM KANGHO- Head Of Strategy
Kangho has been in the financial market for 10 years as a derivatives trader, analyst and portfolio manager at leading global investment companies. At Franklin Templeton, he has been a portfolio manager for six years, managing more than the US $ 1.6 billion in fixed income, derivatives and alternative assets.
JENNY RYOO - Cofounder And Developer
Jenny has written great award-winning bachelor's as well as master's theses at beautiful Korea University also at Dongguk University, each. Jenny RYOO has ten great years of knowledge in the very field of computer science out there.
KIM HYUNG GUEL - Advisor
He worked in the LCD division of Samsung Electronics as executive director, with the creation of Mobile Display Business Team, he provides the best hardware/software solution to the five major smartphone manufacturers: Samsung, Nokia, Apple, etc
LEE KWANGHO - Technical Advisor
Kwangho is a graduate of Korea University and has built his career in the LG Group with many key projects in the group companies.
Use Of The EDENCOIN Currency
The use of Edencoin is inherent in the use of its platform itself. Consumers, like service providers, must pay transaction processing fees or exchange fees with Edencoin. Another use of Edencoin is the use of Secured Wallet. Secure portfolios are hardware-based and dramatically increase security against software portfolios, reducing the risk of hackers.
Consumers are required to pay a fee or deposit to use the secure wallet provided by EdenChain. The joining member has to deposit some percentage of the anticipated deal processing revenue as to get approval to truly process the transactions from EdenChain.
According to the elements at my disposal and the promises of the team, I am rather very positive about this project:
• Korea is an emerging market for ICOs (eg ICON).
• Master nodes and DApps are attractive features.
• The processing fees are low.
• Advanced technology on transaction processing
• Edenchain ico has a strong team
• Advisors are recognized in their respective fields
• The promise of unlimited simultaneous transactions is exciting
• The list of partners is interesting: Lotus sport, Money tag, Fintech, Microsoft Partner Network, etc.
Final word: this project, if it follows the technical level has the potential to settle among blockchain projects the most serious and ambitious, an opportunity not to miss in this 2018.
More Information :
Website
Whitepaper
Telegram
Author : jameshoang
ETH address : 0xb28f2d789e9dae9fccff7e810a846f4b42a29c12